Sidoti Equities Analysts Boost Earnings Estimates for CVGI

Key Points

• Sidoti raised its CVGI Q3 2027 EPS forecast to $0.12 from $0.11, and projected full-year EPS of $0.33 for 2027 and $0.54 for 2028.
• CVGI reported quarterly EPS of $0.03, missing the $0.04 consensus, while revenue of $208.09 million exceeded expectations of $190.93 million.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and a $6.00 price target, with two Buy ratings and one Sell rating.

Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Free Report) - Sidoti upped their Q3 2027 earnings per share estimates for shares of Commercial Vehicle Group in a research report issued to clients and investors on Wednesday, November 4th. Sidoti analyst J. Franzreb now forecasts that the company will post earnings per share of $0.12 for the quarter, up from their previous estimate of $0.11. The consensus estimate for Commercial Vehicle Group's current full-year earnings is ($0.20) per share. Sidoti also issued estimates for Commercial Vehicle Group's Q4 2027 earnings at $0.05 EPS, FY2027 earnings at $0.33 EPS, Q1 2028 earnings at $0.07 EPS, Q2 2028 earnings at $0.17 EPS, Q3 2028 earnings at $0.20 EPS and FY2028 earnings at $0.54 EPS.

Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). Commercial Vehicle Group had a negative net margin of 1.43% and a negative return on equity of 9.49%. The company had revenue of $208.09 million during the quarter, compared to analysts' expectations of $190.93 million.

A number of other equities research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Commercial Vehicle Group from a "buy" rating to a "hold" rating in a research report on Monday, August 10th. Weiss Ratings restated a "sell (d-)" rating on shares of Commercial Vehicle Group in a research note on Friday, September 4th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $6.00.

Commercial Vehicle Group Trading Up 2.4%

Shares of Commercial Vehicle Group stock opened at $3.42 on Thursday. The company has a current ratio of 1.92, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The company has a fifty day simple moving average of $3.01 and a 200-day simple moving average of $3.51. The stock has a market cap of $138.96 million, a price-to-earnings ratio of -10.69 and a beta of 1.37. Commercial Vehicle Group has a 12-month low of $1.29 and a 12-month high of $5.88.

Institutional Investors Weigh In On Commercial Vehicle Group

Several large investors have recently modified their holdings of CVGI. BlackRock Inc. acquired a new stake in Commercial Vehicle Group during the 2nd quarter worth $10,816,000. Renaissance Technologies LLC grew its position in Commercial Vehicle Group by 6.8% during the 1st quarter. Renaissance Technologies LLC now owns 1,731,491 shares of the company's stock worth $5,904,000 after purchasing an additional 109,528 shares during the last quarter. Sei Investments Co. purchased a new position in Commercial Vehicle Group during the 1st quarter worth $1,262,000. Arrowstreet Capital Limited Partnership increased its stake in Commercial Vehicle Group by 20.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 281,590 shares of the company's stock valued at $960,000 after purchasing an additional 46,898 shares during the period. Finally, Walleye Capital LLC acquired a new position in Commercial Vehicle Group in the first quarter valued at $851,000. 72.32% of the stock is owned by institutional investors and hedge funds.

Commercial Vehicle Group Company Profile

Commercial Vehicle Group, Inc NASDAQ: CVGI is a supplier of systems, components and assemblies for commercial vehicles and other specialty equipment. The company serves original equipment manufacturers in markets such as heavy-duty trucks, construction equipment, agricultural machinery, military vehicles and other industrial applications.

Its products include vehicle seating systems, cab structures, sleeper cabs, trim and interior components, instrument panels, control systems, wire harnesses and other electrical assemblies.

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